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Parallel

Parallel

Private
Lehi, UtahAI, Data & Cloud Infrastructurehttps://getparallel.com/

Last Round

Seed

Oct 9, 2025

Total Funding Raised

$6.65M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Parallel is a financial software company that provides an AI-native finance platform and fractional CFO network for early-stage startups.

Sector

AI, Data & Cloud Infrastructure

Verticals

AI Training Infrastructure, Workflow Automation, NLP & Conversational AI

Business Model

B2B

Customer Profile

Usage-Based SaaS

AI Layer

Infrastructure

Keywords

AI agentsweb search APIagentic workflowsweb scrapingstructured data extractionAI infrastructureweb groundingLLM toolsdata retrieval APIautonomous agentsusage-based billingAI agent securityweb intelligencedata pipelineSOC 2 compliance

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Parallel Comparables

Compare Parallel with similar companies based on industry and business-model similarity.

Parallel comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Exa
94%
Nebius Group
81%
Firecrawl
81%

Parallel Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedOct 9, 2025
SeedOct 9, 2025
Pre SeedAug 29, 2023

Parallel Investors

Notable investors and investment history

Parallel investors
InvestorRounds
Frazier GroupPre Seed
Convoi VenturesPre Seed
Penny Jar CapitalSeed, Pre Seed
Path VenturesSeed
Background CapitalSeed
Peak Capital PartnersPre Seed
Night CapitalSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Dec 30, 2025

    Grew 20% QoQ, from 15 to 18 employees.

  • Nov 14, 2025

    Grew 21% QoQ, from 14 to 17 employees.

Parallel Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Parallel Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Parallel's valuation, stock price, and market status.

Firmographic Details

HeadquartersLehi, Utah
Employee Range9
Year Founded2023
Last FundingOct 9, 2025

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